NextPlat (NXPL) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for June 25, 2025, will be held virtually with no physical location.

• Shareholders of record as of April 28, 2025, are eligible to vote on key proposals including director elections, auditor ratification, executive compensation, and potential adjournment.

• Proxy materials and annual report are available online, with options for electronic or mail voting.

Voting matters and shareholder proposals

• Proposals include: election of eight directors, ratification of RBSM LLP as auditor, advisory vote on executive compensation, and authorization to adjourn the meeting if needed.

• Each share of common stock is entitled to one vote per proposal; cumulative voting is not permitted.

• Plurality required for director elections; majority for other proposals.

• Board recommends voting “FOR” all proposals.

Board of directors and corporate governance

• Board consists of eight members, six of whom are independent per Nasdaq rules.

• Committees include Audit, Compensation, and Nominating, all with independent members.

• Lead Independent Director role established for enhanced oversight.

• Board diversity matrix disclosed; one female, seven male directors.

• Code of Ethics and policies for stockholder communications are in place.